12323-12335 Osborne Pl
Pacoima, CA 91331
ED1 Development | Delivered RTI for 293 Units · Land For Sale · 1.06 AC

Property is located in Qualified Opportunity Zone, allowing a buyer to capitalize on immense tax benefits. Approximately 66,152 SF accessed from street to street, APN 2536-015-012, 013, zoned (T)(Q)RD1.5-. Development opportunity has two (2) Land Use scenarios to obtain best optimal development potential, property to be delivered vacant. Scenario (A): Taking advantage of density bonus, 59 units apartment building development, type V-2 construction surface parking, initial study and architectural concept indicate great unit mix of 41x3 bedrooms, 12x2 bedrooms and 6x1bedroom. Scenario (B): Initial study and architectural concept indicate by utilizing existing Tentative Tract Map TT-64069 to build approximately 37-townhome style condominium or possible Small Lot (SLO) development. Seller, Broker/Agent makes no warranties express or implied and does not guarantee accuracy of square footage, lot size, ordinances, zoning, plans and engineering, rent control, permits, use code, schools and/or other information concerning the conditions or features of the property/development/future use and income and expenses provided by the seller or obtained from public records or other sources. Buyer and Selling Broker/Agent are advised to independently verify the accuracy of all information through personal inspection & with appropriate professionals. Property is to be sold in "AS IS, WHERE IS" condition. SELLER SELECTS SERVICES.